Новости за 04.05.2022

The multi-state agreement will reimburse around 4.4 million low-income TurboTax customers who were allegedly pushed into paying for services they didn’t need to.

Revolve Group Inc. shares plunged 23.7% in Wednesday trading as fears mount about the company's decelerating growth. Revolve, which targets a millennial and Gen Z shopper, reported first-quarter net income of $22.6 million, or 30 cents per share, up from $22.3 million, or 30 cents per share, last year. Sales of $283.5 million were up from $178.9 million. The FactSet consensus was for EPS of 27 cents and sales of $256.2 million. Total active customers rose 38% and average order value reached $288, up from $256 last year. Читать дальше...

The Consumer Financial Protection Bureau (CFPB) said Wednesday it ordered Bank of America Corp. to make a $10 million civil penalty and refund or cancel fees from unlawful garnishments and review its processing systems for them. A Bank of America spokesperson said in an email to MarketWatch that the company will refund associated fees to customers involved in about 3,700 cases and that the bank has "enhanced our processes to ensure compliance with all applicable state laws as we execute court orders." Since Aug. 1... Читать дальше...

Americans still view real estate as an attractive investment, but rising prices are creating major barriers.

President Joe Biden on Wednesday repeated his concern about other rights potentially being at risk, as he responded to a reporter's question about the leak of a Supreme Court draft opinion that indicates the justices could overturn the landmark Roe v. Wade abortion-rights ruling. "What are the next things that are going to be attacked?" Biden said following an economic speech on deficit reduction. "Because this MAGA crowd is really the most extreme political organization that's existed in American... Читать дальше...

Shares of Ford Motor Co. seesawed to a 1.0% decline in morning trading Wednesday, after the automaker reported a double-digit drop in auto sales for April, with increases in SUV and electrified sales not enough to offset a big drop in trucks. The stock reversed an early decline of as much as 1.2% to trade up 0.3% intraday before turning back down. Total U.S. sales fell 10.5% to 176,965 vehicles, with trucks down 17.8% to 79,768, SUVs up 2.7% to 92,809 and electrified up 50.2% to 16,779. Electrified... Читать дальше...

Uber Technologies pulled out all the stops on Wednesday to distance itself from the issues that have pulled down rival Lyft Inc. and convince investors it's the long-term leader in mobility, but its shares fell anyway.

U.S. stock indexes trade lower Wednesday morning, ahead of the outcome of a two-day Federal Open Market Committee meeting that is expected to deliver the first 50 basis-point interest rate hike since 2000.

The statement came after a leaked draft ruling indicated the Supreme Court could overturn Roe v. Wade, although the WHO chief didn’t explicitly mention the case

Live at noon: Get NerdWallet’s expert tips for saving money on summer travel

U.S. birth rate bouncing back from decline earlier in pandemic

Businesses have record job openings, but it's hasn't been easy to hire because of a shrinking pool of available workers and an unprecedented number of people quitting. Still, the U.S. likely added another large clump of new jobs in April.

Attendees of White House correspondents dinner have tested positive for COVID

The clock has run out on the Treasury bull market as the Federal Reserve lifts rates, Guggenheim Partners Global Chief Investment Officer Scott Minerd says.

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

Shares of Intuit Inc. dove 1.7% in morning trading Wednesday, after New York Attorney General Letitia James announced an agreement for the parent of TurboTax to pay $141 million for "deceiving millions of low-income Americans" into paying for free tax services. As part of the agreement, TurboTax's "free, free, free" ad campaign must be suspended. All 50 states and the Washington, D.C. have signed onto the agreement. Intuit will provide restitution to nearly 4.4 million consumers who started using... Читать дальше...

Legal adult use and medical cannabis sales in 2021 topped $24.5 billion, which outpaced the North American sales total of $20.5 billion for Starbucks Corp. , according to the MJBiz Factbook released Wednesday. Revenue growth of 30% in the cannabis business also outpaced the 25% growth by Starbucks, the study said. Cannabis sales managed the total with legal business in 39 states and the District of Columbia, compared to sales in all 50 states for Starbucks. By contrast 2021 U.S. cigarettes sales... Читать дальше...

U.S. stocks mixed ahead of prospectively biggest Fed rate hike in decades

Final reading of S&P Markit U.S. services PMI is 55.6, up from initial 54.7

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.

Ford shares down after decline in monthly sales

Stocks were largely flat in cautious trade as investors looked ahead to an expected half-point rate hike by the Federal Reserve later Wednesday. The Dow Jones Industrial Average was up 12 points, or less than 0.1%, at 33,141, while the S&P 500 was up less than a point and the Nasdaq Composite edged down 0.2%. The Fed is widely expected to lift the fed-funds rate by 50 basis points and detail its plan to begin shrinking its balance sheet.

A selloff in DiDi Global Inc.'s stock , after the China-based ride-hailing company disclosed a Securities and Exchange Commission probe into its June 2021 initial public offering, sent other U.S.-listed shares of China-based companies lower. DiDi's stock dropped 4.0% in premarket trading. The company's shareholders are set to vote on May 23 on the company's proposal to delist from the NYSE, and to list in Hong Kong instead, after Chinese regulators announced an investigation into alleged data-privacy violations. Читать дальше...

U.S. trade deficit expanded by 22.3% to a record $109.8 billion in March